I've had like 5 or 6 kernel panics on my M1 MBA since I got it at the beginning of January.
What is described here, is it really linked to the Thunderbolt protocol or just DP through USB C ?
I use Apple A/V USB 3 adapter (USB C charging port + HDMI + USB 3). When I plug the AV adapter, the MBA is connected to a cheap AOC 1080p gaming monitor, and 1 USB3/SATA Dock with 2 SSD plugged in.
It seems somehow related to the adapter. External Drive will start working weird (not connecting, having to disconnect and reconnect), same thing with the screen (have to unplug and replug the HDMI for the screen to be detected.) Then it work, and after disconnect I put to sleep.
And like an hour later, wake from sleep, and it just Kernel Panic.
Last one gave me this message :
"panic(cpu 3 caller 0xfffffe002f1d95c0): "busy timeout[0], (60s): 'AppleAPFSMediaBSDClient'""
I'm not sure if it's related to what is described here.
(Since January I did : clean install macOS, Hardware Test, All updates, actually on 11.3 now.)